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Export Funding NB

ByMaurice

Amount:

$15,000

Type of Program:

Grants

Description:

Export Funding NB provides financial assistance to help New Brunswick SMEs increase sales outside the province.

Comments on Funding:

  1. 1
    Funding is a contribution of up to 65% of eligible costs, to a maximum contribution of $15,000.
  2. 2
    Total project costs must be more than $5,000 to apply for assistance.
  3. 3
    For the minimum project size of $5,000, the reimbursement would equal $3,250; for a project of 23,076.92 or greater, the maximum reimbursement would be $15,000.
  4. 4
    At least 35% of the total project costs must be provided by the Applicant.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • have their Head Office registered and operating in New Brunswick;
  • be exporting or planning to export;
  • have a Canada Revenue Agency (CRA) business number;
  • demonstrate an increase in revenue, profit, or workforce in the past two years and that the proposed activity will improve export performance.
  • be industry sectors, except retail/wholesale, real estate, government services, personal or social services and softwood lumber.
  • Professional services such as marketing firms, creative agencies, business or fitness coaches are generally not considered eligible applicants; however, they may be considered if the project represents a unique and/or strategic opportunity with potential economic benefit to NB.
  • Consultant travel and trade show attendance fees are not eligible.

Application Steps:

1

Applicants must complete the online application form and demonstrate that they comply with the program’s objective and guidelines.

Documentation Needed: 

Applicants must submit:

  1. 1
    the completed application form;
  2. 2
    consultant proposal(s); and
  3. 3
    other supporting documents.

Other Things to Note:

Export Funding NB combines the former Export Market Access Program, E-Tools for Exporting and Exporters NB into one streamlined program. The program covers specific incremental activities provided by consultants or agencies such as: 

  1. 1
    Market research;
  2. 2
    Export plan or strategy development;
  3. 3
    Lead generation and sales activities;
  4. 4
    Export focused website additions and SEO;
  5. 5
    Digital ads or social media strategy;
  6. 6
    Coaching;
  7. 7
    and more.

Program Contact:

LearnSphere - Export Funding NB

Related posts:

New Brunswick Small Business: Complete Guide for Entrepreneurs
How to Get a Small Business Loan in New Brunswick: Quick Guide for NB Entrepreneurs
Business License New Brunswick: Step-by-Step Guide, Costs & More
Franchise Opportunities in New Brunswick: How to Find Franchises for Sale + Mistakes to Avoid

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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